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Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Crypto With a Job..
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on: December 17, 2022, 05:30:12 AM
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Dedication really matters. Anyone can do trading but not all are capable of doing it.
Even leaving the job, its not an assurance that someone will have success in doing trades.
On that part of choosing trading crypto over a job, it needs a serious approach to decide what's the best thing to do.
Exactly and that's why before plunging into trading it becomes a must to study first, the risk is very big and to make a profit it takes knowledge and skills, what is clear trading is not as easy as people think |
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4
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Crypto to buy for 2024 ?
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on: December 16, 2022, 08:15:26 AM
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I don't understand the logic that you put 100X for Shiba? I think its depend upon your research that you did about the Shiba. But I think 100X for a coin in one year is too difficult but I can't say it is impossible at all. The way market is behaving right now, I don't think that the prediction you made may be 100% right. But let's watch.
I guess that Shiba will most likely go uptrend again if some whales put a huge volume, and we all know that this altcoin is known for every trader even newbies trying their luck if it will go shoot above the ATH. And, obviously that if the market goes on bullish again before 2024 then BTC will surely hit more than $60k, as we can see on the chart that it doesn't hit the lower low. Yes it could happen to Shiba because the possibility will always exist, even so 2024 is still long and i don't think we can predict it, maybe we need to follow its progress all the time so that then we can analyze it |
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5
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Doge can it go 1$
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on: December 15, 2022, 05:02:46 PM
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I'm sure that soon the Doge will reach $ 1, many indications and analysts are very optimistic that Elon Musk's steps are the acquisition of Twitter because they have a special Pump Doge so that they can get big profits, and from the top 10 ranking in my opinion the opportunity to skyrocket is from DOGE, don't hesitate to buy as much as we can.
I think Elon Musk knows that the current situation will not be able to push up the price of Doge even if he wants to do so. so i doubt that, he's not doing pump doge at the moment and he will do if it's a bull market situation, so don't get your hopes up for the near future he won't be doing that. elon musk is a smart person and he will do it if the situation can and is able to improve even if only by tweeting. buying twitter and doge are clearly two different things, as a businessman he knows that buying twitter is very profitable in contrast to doge which is only a means of payment in one of his businesses. It's true that Elon Musk has analyzed this and he is certainly not that stupid to make a reckless decision, actually interesting to follow the development of Doge, what is clear is that it's better to just follow the developments from Doge and let's see what Elon Musk will do later |
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7
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Economy / Trading Discussion / Re: Trading indicators
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on: October 14, 2022, 04:35:31 PM
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there are very many trading indicators but the ones I always use to trade are MACD, RSI and MA,
yes I'm not a good as other traders, but I'm really comfortable using these indicators.
I'm sure all traders here also often use this indicator.
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8
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Alternate cryptocurrencies / Altcoin Discussion / Re: Can Solana be the next Ethereum???
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on: October 14, 2022, 03:41:05 PM
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Ethereum will always be number one and everyone also knows that,
until now even though Binance is the top contender because indeed Binance Smart Chain is better for now,
but unfortunately Binance capitalization with Ethereum still can't reach it,
so this is why Solana doesn't have a good reason to could replace Ethereum, for now!.
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9
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: now is the right time to buy XRP
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on: October 13, 2022, 05:08:36 PM
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yes this is a very good time to buy XRP and if you have a large capital then I recommend using it only 50%,
because we must have a buy back strategy when the XRP price dumps,
even though it can be said that the price of XRP is cheap but we are still at bearish season, so it's better if we can minimize the risk.
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10
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Economy / Trading Discussion / Re: Day trading
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on: October 13, 2022, 04:32:06 PM
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I got 20 years in stocks trading and 5 years in Crypto, trust me that you don't want to do day trading you will end up losing all your money
trading on a daily basis is actually very good to do in futures trading, because we can adjust the volume and level of profit, but indeed the level of risk we have to accept is also very high, even trading in futures can make your capital run out, so you should think twice before you trade there. |
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11
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Alternate cryptocurrencies / Altcoin Discussion / Re: BNB or ETH ?
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on: October 12, 2022, 05:39:57 PM
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What's your ultimate choice? Or both?  I prefer both, I'm sure everyone here already knows how the fundamentals of Binance and Ethereum are, because both of them are competitors, so I'm sure both of them will also be the best and that competition will make the price of both of them also go up, it's better to invest in both. |
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12
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Economy / Trading Discussion / Re: Day trading
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on: October 07, 2022, 06:06:32 PM
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To do daily trading, one way is if with small capital only through futures trading,
but it must also have good risk management, because we know that the futures market is far more terrible than the spot market.
and if you have a large capital, then my advice is to play in the spot market is very good, you can trade on the spot market binance,
because there are so many choices of altcoins and of course the large volume makes trading more fun.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does new projects succeed in bear
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on: October 07, 2022, 05:23:31 PM
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in the bear market 99% of projects will fail and end up in a scam, I have experience with that,
because in 2018 there are lots of new scam projects and in 2022 there are also lots of new scam projects,
so stay away from new projects and if you want to invest, choose top altcoins only, because you will be safe and guaranteed.
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14
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum price get to 4,000 in 2022
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on: October 06, 2022, 06:06:02 PM
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The current price of ETH is $1300, and it will take more than 300% increase to reach $4000, and we don't have much time left so I'm more realistic if I see the potential price of ETH that might be reached is $2000.
That will never come true. It seems like that OP was creating such prediction without even consider the situation in the market. I can even make same prediction for ethereum with higher price than it. Ethereum may able to reach 2k but this may happen once bitcoin will be reaching 30k. I don't even think ethereum can make it alone without the help from bticoin. altcoins have their own marketcap, so if altcoin season arrives, altcoins including Ethereum will not follow the flow of bitcoin anymore, even when bitcoin dump ethereum will still be stable and even pump, because indeed altcoin season will change the path of the altcoin itself, so do not be pessimistic and hold your Ethereum until the end of the year. |
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15
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Economy / Trading Discussion / Re: What is happening with Crypto market
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on: October 06, 2022, 05:39:55 PM
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From your post, I can not imagine if the bitcoin price can be at $741k. That will be a big surprise to all since we will prepare to have more and more bitcoin from now on. But that could happen because we will see the reward drop to 3.125 BTC so it can trigger the higher price to increase, which can be more than $100k.
But I never expect to see the price be at $741k so we will make a big profit later. Hopefully, that will happen in the next 2 years. Meanwhile, for the next year, it will be a struggle year for bitcoin because the government can be tighter than before as bitcoin or crypto could be more popular than today.
Basing up on the chart and trying to look into those indicators which do shows that it might hit up 100k or more which is something realistic but on what you had noticed is about 741k, whether it was just a hover or simply op did pertain about those possible price? We cant really be sure but basing up on patterns on each halving event, then we might really be having those significant price increase but we know that this market isnt something that you could easily predict. But to think that mining rewards had already been halved plus the demand becomes even more higher then expect on what would be the outcome. It will never be easy to predict what will happen to any half event before, before or after the halving event. But maybe before or after the new year, the price could reach $100k or more in the following months until 2024, the price could continue to increase and eventually go to the price predicted by @OP. That sounds too good, but it's at $2024 or near the halving event. So we better get ready from now on so we can participate at that moment. 2022 will indeed be a bearish season, it could even go up to 2023 because the war will still last and create inflation around the world, this is why cryptocurrencies are really the last choice for investors, maybe we need more hype like 2021 where Elon Musk, and several countries in favor of Bitcoin, and if 2023 it happens again then the bulls are coming. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Don't punic, just hodl
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on: October 05, 2022, 08:22:22 PM
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You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!
Panic in certain cases is very much needed, and I also panicked when Luna dropped from $ 85 to $ 35 so I sold 100% of Luna's stock and got $ 32, and this was still better than now, which costs only $ 0.0003. Luna's case is really terrible when viewed from the case, this is not the result of a panic sell but this is purely a mistake from the project, reportedly they were unable to provide backup to their stable USTC coin that's why LUNA became very large in supply and made LUNA price crash. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which one do you think its more healthy for a project
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on: August 28, 2022, 05:30:42 PM
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healthy projects have good progress, and transparent work, because in the world of blockchain technology we will know everything,
there is something that many people may not know, that Github is a benchmark to determine whether a project is good or not,
so if you want to If you know if the project is healthy then check on github, do they always update there or even nothing
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